Commercial PASHA Bank, since July 3, is a sales representative for non-bank credit institution bonds FINCA Azerbaijan.
As noted in the Baku Stock Exchange (BSE), the minimum obligations of the bank in the organization of bond purchases FINCA Azerbaijan is 200,000 manats, the maximum benefit of the bank is 5% of the sale.
Non-bank credit institution FINCA Azerbaijan since the beginning of the second half started the placement of bonds worth 10 million manat. The issue is divided into 10 thousand bonds in denominations of one thousand manats for security. Yields on the bonds are 11.5% per annum.
Underwriter of the bonds, as expected, will be PASHA Capital - the leader among brokers in April-June. - 17D-
Economics
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